Maximise your pension contributions

Check to see if your employer will contribute more

Some employers increase their contributions if you increase the monthly amount you put aside as well. This tends to be a direct match – if you put aside an extra 1%, they add an extra 1%, but there will be a maximum level they will match.

It’s easy to find out how much your employer is willing to contribute - and if you could be benefiting from additional ‘match’ contributions.

Log in to PlanViewer to find “Your contributions explained” document. 

Consider increasing, or making extra, contributions

If you’d like to start paying more towards your future, here are some tips that might help now and in the future:

• Start by contributing what you can afford towards your pension savings. Then, when you get a pay rise, consider redirecting some of it into your pension. This way you'll still benefit from more money in your bank account, and at the same time you’ll be helping to build your pension savings for your future.
• You may be able to make a one-off payment to your pension if you have the money – for example, from a work bonus. You’re unlikely to have these matched by your employer, but they still benefit from tax relief, so your money gets a boost from the taxman.